Shiba Inu investors have held firm despite a rough year, with $SHIB down 40.6% year-to-date and currently trading around $0.000012. Yet, hope remains alive — and for good reason.
**What’s Fueling the Optimism?**
According to CoinCodex, sentiment is leaning bullish (55%) thanks to positive technical signals and the belief that $SHIB could repeat its historic 2020-2021 rally. Price predictions range from $0.00017 to an ambitious $0.01 — and even $1, according to some platforms like CoinW.
**But Is $1 Realistic?**
Let’s talk numbers SHIB has a massive circulating supply of 589 trillion tokens. At a $1 price, that would mean a market cap of $589 trillion — more than *gold*, and even beyond the global M2 money supply. In other words, it’s impossible under the current supply.
**The One Game-Changer: A Massive Burn**
To even dream of $1, SHIB would need a monumental token burn. Burning 90% of the supply would leave 59 trillion tokens — still too high. But if the supply were reduced to just 100 billion tokens, a $1 price would translate to a $100 billion market cap — ambitious but within the realm of possibility.
**What Could That Mean for You?**
Imagine buying 1 million SHIB tokens today for just $12. If SHIB ever hit $1 post-burn, those tokens would be worth $1 million. That’s the kind of return early SHIB investors saw in the last rally.
**The Harsh Reality**
This massive burn, while theoretically possible, is practically improbable. The Shiba Inu development team doesn’t control the entire supply and can’t burn trillions of tokens at will. A burn of that scale would require coordinated effort and massive community support — not to mention, significant capital.
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**Disclaimer:**
This content is for informational purposes only and not financial advice.
